article was to take advantage of promotional offers from banks and brokerages to take a $100 deposit and turn it into a much larger sum through free money offers. The offers included Bank of America, Sharebuilder,Virtual Bank, and ING Direct. Bank of America offered cash to new account holders who initiated a direct deposit, Sharebuilder has several promotional codes good for free money, Virtual Bank and ING Direct have deposit bonuses where if you deposit a minimum amount you would automatically receive free money.

Let me go into how the Sharebuilder promotional offers work. The first step is to open up a Sharebuilder account using a promotion code that will give you free money. Currently, there’s a $50 bonus codeENTERTAIN50 if you deposit some funds and make a purchase. Stock purchases are a mere $4 but stock sales are a pricy $14.95. Let’s say you put in $50, make a purchase, get the $50 bonus money, and then sell your stock back at your purchase price. Net result is a gain of $30.05 ($50 less $4 purchase commission and $15.95 sale commission) which is a 60.1% gain on a $50 investment. From there, you can turn that back around and repeat this process with new promotional codes until you’re rich! (well, at least richer)